Political risk analysis in north American multinationals: An empirical review and assessment

Political risk analysis (PRA) emerged during the late 1970s as an important component of environmental assessment. This article replicates a 1987 study that examined the approach to PRA in North American corporations, and assesses the changes that have occurred. The principal finding is that while there has been relatively little change within the “continuing practitioners” regarding organizational approach to, and use of, PRA, there are a number of significant differences between these corporations and “late adopters” of PRA. © 1995 John Wiley & Sons, Inc.